On The Innovation Of Housing Accumulation Fund System In China

Housing Accumulation Fund System has already realized the innumerable persons'housing dream. Housing Accumulation Fund System is indispensable to safeguard inhabitant's housing expense. But on the other hand, the present Housing Accumulation Fund System has been questioned in fairness, mutual aid and safeguard. In order to make up the flaw of Housing Accumulation Fund this article establish the new Housing Accumulation Fund System. This article relocates the fund function of Housing Accumulation Fund, to enhance the cooperation and safeguard function of Housing Accumulation Fund.The article, has comparatively studied the national housing systems, the loan systems, the housing financial systems and the housing safeguard systems of USA, England and Singapore. This article begins from the present Housing Accumulation Fund System, has conducted the thorough analysis on its basic attribute, the operating procedure, the loan system and the fund nature. Base on this, the article proposes Housing Accumulation Fund should increase the function of the investment fund, organically unite welfare and investment.The new Housing Accumulation Fund System is one kind system that"the fund collection primarily by the welfare, the fund rises in value primarily by investment". The new Housing Accumulation Fund System with concurrently welfare and increment will enhance 2-5% compared with the original. This fund will be mainly used in following aspects: 1. to invest the low-rent housing construction and enlarge the market supply of inexpensively-rent houses; 2. to set up the special fund helping poor staff to solve the accommodation; 3. to reduce the first payment proportion and the loan interest rate of house-purchasing staff; 4. to subsidize Housing Accumulation Fund depositor to resist the Accumulation Fund depreciation risk which the inflation might bring.